Uber rival GrabTaxi plans carpooling service in Singapore

Ride-hailing app GrabTaxi, which competes with Uber Technologies Inc [UBER.UL] in southeast Asia, is planning to launch a carpooling service in Singapore, one of the most expensive cities in the world to own a car. "GrabHitch hits the sweet spot for people who want a door-to-door transport service, but prefer not to pay a premium above public train or bus fares," Tan Hooi Ling, co-founder of GrabTaxi, said in a statement on Wednesday. Singapore, which levies high taxes on car owners, introduced